Retail sales picture ‘unrealistic’
New figures from the Office for National Statistics (ONS) paint an unrealistically positive picture of the situation in the retail sector, it has…
Closures announced as Thomas Cook fights to avoid corporate insolvency
Travel firm Thomas Cook has announced it is to close 200 stores in the UK over the next two years as it seeks to avoid the possibility of corporate…
Reports highlight high street woes for small traders
Two new reports have indicated UK high street traders have been facing a growing crisis in recent years, which is not just due to the recession.…
UK ‘set for new recession’
More firms could need business recovery services if a new forecast regarding the UK economy turns out to be accurate. A survey by Standard Chartered…
Business confidence on the wane, new report shows
Demand for corporate insolvency advice could start to rise following new research that points towards an increased lack of confidence among…
Corporate insolvencies rose between 2009 and 2010
The number of businesses that suffered corporate insolvency increased between 2009 and 2010, new figures reveal. According to official data from the…
Court of Appeal upholds winding up order for insurance firms
The Court of Appeal has upheld the decision to wind up Digital Satellite Warranty Cover Limited and Bernard Freeman and Michael Sullivan, both…
Seat moves to avoid corporate insolvency
Italian directories group Seat Pagine Gialle is attempting to step up its efforts to avert corporate insolvency. Seat's board is seeking two…
Corporate insolvencies up slightly in October
Corporate insolvencies within the UK rose slightly in October as businesses struggled to cope with the tough economic climate, newly released…
Firms could retain staff through secondments
One of the chief worries business leaders face when their firm is forced to seek out insolvency advice is whether they will be able to retain their…
